The Rational Analyst Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Rational Analyst

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Doug R who wrote (1081)	6/8/1998 4:19:00 PM
From: HeyRainier	Read Replies (1) of 1720

[ TFCE ] It seems to be holding up pretty well despite the near term overbought state it experienced. I was watching this quietly from the sidelines because it had that Ascending Triangle-like formation to it. When the price was caught near the upper Bollinger Band though, I hesitated to think it would go higher. The lack of follow-through volume is the biggest concern. It could fade. The recent runup though was curious. The timing of the earnings release and the runup had little overlap, which was curious IMO. The company's debt levels are unusually high, and I was concerned with the company's aggressive move to reduce their bad-credits reserve to boost their cash flow. I may not understand the company. Revenues have stabilized and have started moving up in a positive trend. Recent insider buying is a plus. If this exhibits further strength, the target will be $4.00 peak. Regards, Rainier

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next